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Eurozone Publications

Below is a list of our Eurozone Publications for the last 6 months. If you are looking for reports older than 6 months please email info@pantheonmacro.com, or contact your account rep

Please use the filters on the right to search for a specific date or topic.

Datanotes Webinar Weekly Monitor

EZ Datanote: Final Inflation, Eurozone, November 2023

In one line: Drop confirmed. Inflation will rebound in December, but what happens in January?

Claus Vistesen (Chief Eurozone Economist)Eurozone

EZ Datanote: IFO, Germany, December 2023

In one line: German firms will be happy to say Goodbye to 2023! 

Melanie Debono (Senior Eurozone Economist)Eurozone

18 December 2023 Eurozone Monitor Slide in the PMI Confirms Tough End to 2023 for EZ Economy

  • Friday’s PMIs confirmed the EZ economy was still is in a rut in December, pointing to falling GDP in Q4.
  • The PMI input price component suggests EZ headline inflation will stabilise at just under 2% in H1 24.
  • Accelerating third quarter growth in hourly labour costs is grist on ECB hawks’ mills.

Claus Vistesen (Chief Eurozone Economist)Eurozone

EZ Datanote: Labour Costs & Trade, Eurozone, Q3/October

In one line: Still-strong growth in labour costs; net trade on track for a rise in Q4?

Melanie Debono (Senior Eurozone Economist)Eurozone

EZ Datanote: Advance PMIs, Germany, December 2023

In one line: Consistent with our call that Germany is in a shallow recession.

Melanie Debono (Senior Eurozone Economist)Eurozone

EZ Datanote: ECB Press Conference, December

In one line: If Mr. Powell is Santa, Ms. Lagarde is the Grinch. 

Claus Vistesen (Chief Eurozone Economist)Eurozone

EZ Datanote: ECB Rate Decision, December

In one line: Few signs of a shift in the guidance on rates, yet. QT will accelerate in H2-24. 

Claus Vistesen (Chief Eurozone Economist)Eurozone

EZ Datanote: SNB Rate Decision, Q4 2023

In one line:  A clear dovish shift; rate cuts are next. 

Melanie Debono (Senior Eurozone Economist)Eurozone

EZ Datanote: Industrial Production, EZ, October 2023

In one line: Exaggerated by an Irish drop, but still not good news.

Melanie Debono (Senior Eurozone Economist)Eurozone

EZ Datanote: Detailed Inflation, Eurozone, November 2023

In one line: A big decline; base effects in energy point to a snap-back in December.

Claus Vistesen (Chief Eurozone Economist)Eurozone

11 December 2023 Eurozone Monitor The ECB Will Lower its Inflation Forecasts This Week, but How Far?

  • The ECB will keep rates and the pace of QT unchanged this week; all eyes on the new forecasts.
  • We think the ECB will lower its 2024 inflation forecast by 0.5pp, to 2.7%, and we look for 2.0% in 2026.
  • The consensus now expects the first ECB rate cut in June next year; we still believe March is a good bet.

Claus Vistesen (Chief Eurozone Economist)Eurozone

EZ Datanote: Detailed GDP, EZ, Q3

In one line: Hit by falling inventories; productivity fell further.

Claus Vistesen (Chief Eurozone Economist)Eurozone

EZ Datanote: Industrial Production, Italy, October 2023

In one line: Confirming that output fell in each of the big four in October.

Melanie Debono (Senior Eurozone Economist)Eurozone

EZ Datanote: Trade Balance, France, October 2023

In one line: Not enough to convince us that net trade was a boost to GDP in Q4.

Melanie Debono (Senior Eurozone Economist)Eurozone

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Keywords for: Eurozone Documents

independent macro research, Eurozone Document Vault, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence,